17:29AA-18 - Rating organization; commercial lines insurance; applicable provisions of act - New Jersey Statutes

17:29AA-18.  Rating organization;  commercial lines insurance; applicable provisions of act    Any rating organization providing any service relating to the rates of any commercial lines insurance, and any insurer utilizing the service of such organization for such purpose shall be subject to the provisions of sections 2,  3, 12, 13, 19, 20, and 21 of P.L.1944, c. 27 (C. 17:29A-2, 17:29A-3, 17:29A-12,  17:29A-13, 17:29A-19, 17:29A-20 and 17:29A-21) to the extent applicable,  provided that where the license of a rating organization is suspended under  this act, such suspension shall have the same effect as a suspension under  P.L.1944, c. 27 (C. 17:29A-1 et seq.).

     L.1982, c. 114, s. 18.